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Capital Series: Hampus Jakobsson, Pale Blue Dot

Inevitable

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How to Get Crazy Unicorns to Return Your Fund

The way we think about it is that if you think about the probability distribution of getting a 0x fund and getting a 10x fund, by doing a broader shallower of portfolio, we increase the floor. And then the more shallow we go and like broad, we cut the top. So it's very, very, very hard for us to do a 10X fund. But I mean, so we kind of try to like lift the floor quite a lot to make sure that we're in a situation where we feel that we can do a really good fund.

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